Hindalco Industries share price
NSE: HINDALCOBSE: 500440Non - Ferrous MetalsLarge Cap
Last close ₹869.85down ₹15.75 (1.78%)BSE ₹860.50
Share price at the NSE close on 23 Oct 2026. Previous close ₹885.60.
52-week range of traded prices to 23 Oct 2026
₹770.15Low, 6 Nov 2025₹1,176.00High, 29 May 2026
- Next results date: the board meets on 6 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,95,475 Cr39th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 11.9
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹9,262 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 7.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 22 May 2026
- 1.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.57%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 12.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹9,262 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 19.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 13.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 22 May 2026
- 0.71
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 76,73,66961.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 7 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹84,825 Crup 8.56%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹7,013 Crup 170.04%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 8.3%
Revenue by year
Peak revenue ₹2,74,944 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 11 Nov | Dec 2024Filed 13 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 7 Nov | Dec 2025Filed 12 Feb | Mar 2026Filed 22 May | Jun 2026Filed 7 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 58,203 | 58,390 | 64,890 | 64,232 | 66,058 | 66,521 | 78,133 | 84,825 |
| Net profit | 3,909 | 3,735 | 5,284 | 4,004 | 4,741 | 2,049 | 2,597 | 7,013 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 6.7% | 6.4% | 8.1% | 6.2% | 7.2% | 3.1% | 3.3% | 8.3% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- NovelisNovelis, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,62,882 Crup 12.28%56.1%
- CopperCopper, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹69,838 Crup 27.67%24.1%
- Aluminium upstreamAluminium upstream, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹41,447 Crup 8.31%14.3%
- Aluminium downstreamAluminium downstream, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹15,938 Crup 24.33%5.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 3% of 2,286 trading days over the last 10 years.
LowestHighest
Its median15.2Industry median19.1
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 75% of 1,876 trading days since Nov 2018.
LowestHighest
Its median1.2Industry median2.2
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.6.8
At or below today's level on 31% of 1,807 trading days since Feb 2019.
LowestHighest
Its median7.6Industry median11.3
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 56% of 2,459 trading days over the last 10 years.
LowestHighest
Its median0.56%Industry median0.46%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +30.2% | −16.3% | +54.8% | 0.6% |
| 3 years | +30.3% | +9.9% | +18.0% | 0.6% |
| 5 years | +22.7% | +31.0% | −6.8% | 0.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021 and Mar 2026.
Mutual funds holding it
413 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 212 of the 263 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 147
- CutCut. Funds that held fewer shares than at the end of the month before.
- 116
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 147
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 7
| Fund | |||
|---|---|---|---|
 SBI Nifty 50 ETFSBI Mutual Fund | 2,80,80,344 | 1.30% | ₹2,644.6 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 1,04,88,800 | 1.31% | ₹987.8 Cr |
 UTI Nifty 50 ETFUTI Mutual Fund | 96,30,024 | 1.30% | ₹907.0 Cr |
 Nippon India ETF Nifty 50 BeESNippon India Mutual Fund | 90,14,573 | 1.30% | ₹849.0 Cr |
 Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 89,62,500 | 1.97% | ₹844.1 Cr |
 ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund | 79,38,931 | 2.36% | ₹747.7 Cr |
| Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | 62,79,805 | 2.40% | ₹591.4 Cr |
| ICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund | 59,10,733 | 1.30% | ₹556.7 Cr |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 58,60,682 | 0.77% | ₹552.0 Cr |
| SBI Contra FundSBI Mutual Fund | 56,40,000 | 1.18% | ₹531.2 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Aluminium, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Hindalco Industries in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Vedanta Aluminium MetalVAML | 1,34,654 | – | – | – | – | – | – | – | 2.32% |
 National Aluminium CompanyNATIONALUM | 55,420 | 8.2 | 2.6 | 5.1 | +9.0% | +17.8% | 34.3% | 38.9% | 3.81% |
 Arfin IndiaARFIN | 1,420 | 77.0 | 8.3 | 31.0 | – | – | 11.3% | 15.0% | 0.14% |
 MMP IndustriesMMP | 1,111 | – | 3.2 | 17.7 | +21.4% | – | – | 11.5% | 0.46% |
 Msafe EquipmentsMSAFE | 547 | – | 5.6 | – | – | – | – | – | 0.00% |
 Maan AluminiumMAANALU | 529 | 37.7 | 1.9 | 26.6 | −1.8% | −5.5% | 6.2% | 3.9% | 0.00% |
 Jainik Power CablesJAINIK | 223 | 15.9 | 2.6 | – | – | – | 16.5% | – | 0.00% |
 P.G.FoilsPGFOILQ | 215 | – | 0.7 | – | −18.6% | −114.6% | −1.0% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹5.00 a share, years to Mar 2025 and Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 10 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 8 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 9 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.50 |
| 14 Aug 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
| 11 Aug 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.00 |
| 12 Aug 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
16 Oct · Rating
1 Oct · Business
Sep 2026
18 Sep · Rating
11 Sep · Analysts
Hindalco Industries share price by year
Each calendar year to 2025.Hindalco Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 886.70 | +47.2% | 886.70 | 561.80 |
| 2024 | 602.45 | −2.0% | 761.55 | 503.85 |
| 2023 | 614.85 | +29.9% | 614.85 | 384.95 |
| 2022 | 473.35 | −0.5% | 631.30 | 316.45 |
| 2021 | 475.55 | +97.7% | 542.80 | 226.30 |
| 2020 | 240.55 | +11.3% | 252.70 | 87.90 |
| 2019 | 216.15 | −4.4% | 222.75 | 175.75 |
| 2018 | 226.20 | −17.3% | 279.80 | 195.65 |
| 2017 | 273.55 | +76.4% | 276.50 | 158.00 |
| 2016 | 155.05 | +82.9% | 182.10 | 60.90 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 871.05 | 873.75 | 852.00 | 869.85 | 861.94 | 76,73,669 | 61.3% |
| 22 Oct 2026 | 880.00 | 892.05 | 870.00 | 885.60 | 884.05 | 36,15,309 | 57.3% |
| 21 Oct 2026 | 902.00 | 912.05 | 885.00 | 892.85 | 893.62 | 32,59,366 | 60.8% |
| 19 Oct 2026 | 908.50 | 916.70 | 899.65 | 900.45 | 905.60 | 20,07,016 | 47.9% |
| 16 Oct 2026 | 895.00 | 911.85 | 892.30 | 908.00 | 904.99 | 34,02,593 | 62.4% |
| 15 Oct 2026 | 869.00 | 897.85 | 857.15 | 893.85 | 886.06 | 57,12,476 | 52.9% |
| 14 Oct 2026 | 899.20 | 899.90 | 882.50 | 882.50 | 889.55 | 30,86,924 | 57.2% |
| 13 Oct 2026 | 886.00 | 902.25 | 882.65 | 902.25 | 892.95 | 52,04,400 | 56.8% |
| 12 Oct 2026 | 900.35 | 908.85 | 882.50 | 882.50 | 893.15 | 26,05,830 | 54.6% |
| 9 Oct 2026 | 893.85 | 900.60 | 886.80 | 900.35 | 896.49 | 34,99,215 | 54.5% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 28 Aug 2008 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Each event is noted and not adjusted for.
About Hindalco Industries
Hindalco Industries Limited is a metals company with businesses in aluminium, copper and specialty alumina. Its products serve automotive, aerospace, building and construction, consumer durables, pharma and food packaging, and industrial machinery. The aluminium business runs from bauxite mining, alumina refining and coal mining, with captive power plants, through aluminium smelting to downstream rolling, extrusions and foils. Its copper products include copper cathodes, continuous cast rods, inner grooved tubes, gold and silver. The specialty alumina business makes specialty alumina and hydrates.
Hindalco has 48 manufacturing units across 10 countries, 29 of them Novelis plants. Novelis Inc., a wholly owned subsidiary, runs an aluminium rolling and recycling business with facilities across North America, Europe, Asia and South America. In India, the copper facility in Gujarat has a smelter and refinery complex, downstream facilities and a captive jetty. Hindalco serves more than half of the country's copper requirements. Its registered office is in Mumbai.
It was incorporated in 1958. Production began at Renukoot in Uttar Pradesh in 1962. In 2000, the company bought a controlling stake in Indian Aluminium Company Limited. In 2007, it acquired Novelis, which is now its wholly owned subsidiary.
Hindalco is the metals flagship company of the Aditya Birla Group, which has a presence in 41 countries across six continents. Kumar Mangalam Birla, a promoter director, is chairman of both Hindalco and the group. A promoter is the person or group that set up a company or controls it.
- Legal name
- Hindalco Industries Limited
- NSE symbol
- HINDALCO
- BSE code
- 500440
- ISIN
- INE038A01020
- Industry
- Non - Ferrous Metals
- Listed
- Jan 1997
- Face value
- ₹1
- Former symbols
- HINDALC0
- CIN
- L27020MH1958PLC011238
- Corporate identity number, the registrar of companies' code for it
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